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02 Aug 2021, 23:18 WIB

PT Media Nusantara Citra Tbk (“MNCN”) Financial Release and Business Updates

PT Media Nusantara Citra Tbk (“MNCN”) posted a strong net profit increase of 25% YoY in Q2-2021, securing Rp843.2 billion in net profit compared to Rp674.9 billion in the previous year. Excluding non-cash forex adjustment, net income was booked at Rp745.8 billion from Rp466.2 billion in the same prior-year period, this represents a 60% YoY increase with 27% net income margin. For H1-2021, net income increased by 26% YoY to Rp1,264 billion from Rp1,008 billion in the same period last year.

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